Trump may soon Name a successor to Fed Chair Jerome Powell, signaling an early shift in U.S. monetary leadership.
đ Trump mentioned 3-4 possible candidates and criticized Powellâs leadership
đ Naming a successor early could weaken Powellâs influence and shape market expectations
đ Powellâs term ends May 15, 2026, but an announcement may come as early as this summer
Potential candidates:
đ Kevin Warshâformer Fed governor, advocate of looser monetary policy
đ Kevin HassettâNEC director, close to Trump and his former economic advisor
đ Scott Bessentâcurrent U.S. Treasury Secretary, possibly already a âshadowâ candidate
đ Also mentioned: former World Bank president David Malpass and current Fed governor Christopher Waller
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